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Following an extended consultation period, Fastmarkets is to discontinue four Argentinian steel price assessments from Friday October 9, following a long period of low liquidity and an inactive spot market.
US hot-rolled coil prices remain at their highest level in a year following a wave of price hikes and amid long lead times at domestic mills, market participants said.
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Prime Planet Energy & Solutions (PPES), a joint venture between Toyota and Panasonic, will produce lithium-ion batteries for hybrid cars at a plant in Tokushima, Japan, from 2022 to coincide with expected growth in electric vehicle (EV) demand globally, the company said on Tuesday October 6.
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